Green Car Congress

DECEMBER 8, 2020

Gasoline sales fell 8.4% (nearly 185 million less gallons) from the previous week for the seven-day period ending 28 November, bringing consumption to the lowest level for a Thanksgiving Week in 23 years, going back to 1997. Northeastern gasoline sales dropped 10.1% —Tom Kloza, executive director, IHS Markit.

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Gasoline 2020 Wyoming New Jersey 321

Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. OPEC’s monthly report said demand for the cartel’s oil will fall to 28.9 US backlogs of gasoline and distillates also were up, according to the API.

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Oil Prices Oil 2015 Price 199

Green Car Congress

JUNE 2, 2022

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The reason is that, in the United States, oil is used to generate less than 1% of electricity.

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Gasoline-Electric Gasoline Cost Of Diesel 321

Green Car Congress

MAY 3, 2020

A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. gasoline demand would have put upward pressure on world oil prices.

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Fuel Economy Economy Light 2018 482

Green Car Reports

NOVEMBER 30, 2014

Oil prices are at their lowest levels in four years, and retail gasoline prices are likely to follow--more or less. celebrated its Thanksgiving holiday, oil prices fell 7 percent after OPEC announced it would leave production levels unchanged, according to CNN. The price of WTI crude oil in the U.S.

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Oil Prices Oil Price Gas 165

Green Car Congress

JULY 7, 2012

The Nikkei reports that the nationwide average price in Japan for regular gasoline was ¥139.8 Prices at the pump are falling in Japan not only due to lower crude oil prices, but also because the widespread popularity of fuel-efficient vehicles has lowered demand for gasoline.A per liter ($6.65

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Japan Gasoline Fuel Gasoline-Electric 258

Green Car Congress

APRIL 26, 2012

US gasoline demand this summer is expected to be the lowest in 11 years, while the average summer fuel price is forecast to be at a record level, according to the US Energy Information Administration (EIA). US gasoline consumption is forecast to average almost 8.8 less than 2007’s record summer gasoline demand of 9.4

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Gasoline Price 2001 Oil Prices 247

Green Car Congress

NOVEMBER 9, 2010

At the current pace of research and development, replacing gasoline and diesel with renewable fuel alternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.

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Davis Renewable Gasoline Diesel 300

Green Car Congress

JANUARY 5, 2019

US regular retail gasoline prices averaged $2.72 However, a rapid price decline beginning in October led to US average regular gasoline prices ending the year lower than they began for the first time since 2015, according to the US Energy Information Administration (EIA). gal at least once in 2018. gal to $2.91/gal

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Gasoline 2017 San Francisco Price 236

Green Car Congress

MARCH 13, 2015

Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 by Thomas Miller for Oilprice.com. Bernard Weinstein, Ph.D.,

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Oil Prices Oil Price Dallas 150

Green Car Congress

JULY 26, 2013

The price disparity between crude oil and other resources, coupled with the emergence of cheap and abundant shale gas, especially in the United States, is opening up opportunities to produce cheaper gasoline, according to a new report from Lux Research. Among their findings: Methanol-to-gasoline is the cheapest option.

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Waste Gasoline Gas Fuel 236

Green Car Congress

DECEMBER 17, 2014

The average US household will spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years, according to projections by the US Energy Information Administration (EIA). The price for US regular gasoline has fallen 11 weeks in a row to an average $2.55

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2015 Gasoline Fuel Economy MPG 210

Green Car Congress

MAY 18, 2018

April saw the US produce a record 10,543,000 barrels per day (MBD) of oil, according to data from the American Petroleum Institute. The first four months of this year also saw US petroleum demand average 750,000 barrels a day above the same period in 2017 despite higher prices. Domestic WTI crude oil prices averaged $66.25

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2007 Oil Prices Oil Production 259

Green Car Congress

MARCH 27, 2020

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1

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Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

APRIL 16, 2010

US refineries produced more gasoline in March 2009—at 9.3 March gasoline deliveries (a measure of demand) were higher—at 9.2 The highest amount of gasoline ever delivered was 9.6 Total March deliveries of all products, including gasoline, distillate, kerosine-jet fuel, and residual fuel, rose 3.5% from a year ago.

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Gasoline North Dakota Production 2009 186

Green Car Congress

MARCH 2, 2010

California gasoline consumption decreased 2.3% January through November 2009, California gasoline consumption declined 1.4% January through November 2009, California gasoline consumption declined 1.4% Gasoline consumption declined 2.3 The average price at the pump for gasoline in California during November 2009 was $3.01

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2009 Gasoline California Diesel 199

Energy Institute at HAAS

DECEMBER 12, 2022

A wild recent day for oil prices demonstrates OPEC’s enduring influence. Oil prices were … Continue Reading Oil Price Fluctuations and the Power of OPEC. Last week Saudi Arabia announced that it will reach $300+ billion in government revenues for 2022.

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Oil Prices Saudi Arabia Oil Price 108

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

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Oil Climate Change Oil Prices 2005 220

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

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Transportation Fuel Renewable Gasoline-Electric 317

Green Car Congress

JUNE 1, 2009

China will raise gasoline and diesel benchmark retail prices by 400 yuan (US$58.6) The benchmark retail price for gasoline would increase by 7 percent and the price of diesel by 8 percent, said a statement on the NDRC website. It is the third oil price adjustment this year.

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Gasoline Diesel Price China 150

Green Car Congress

NOVEMBER 7, 2011

Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

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Oil 2010 2020 Global 210

Green Car Congress

JANUARY 6, 2014

The Sandia researchers showed that the key to meeting the RFS2 targets is the fuel price differential between E85 fuel and conventional gasoline (low ethanol blends), so that E85 owners refuel with E85 whenever possible. The model begins in 2010 with 220 million LDV spark-ignition (gasoline) vehicles, 9.7 —Westbrook et al.

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Oil Prices Gasoline-Electric Gasoline Oil 246

Green Car Congress

OCTOBER 29, 2014

This is a landmark step in revitalizing our aging fleet and replacing expensive internal combustion engine vehicles with cutting-edge EV technology, all while reducing our dependence on oil and saving Indianapolis taxpayers thousands in fuel costs each year.

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Indianapolis 2016 Fleet PHEV 287

Green Car Congress

FEBRUARY 2, 2015

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

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Plug-in Oil Cheap Plug 150

Green Energy Consumers

AUGUST 7, 2023

But in recent weeks, we have seen a rise in oil prices. Nationally, gasoline prices have risen almost a penny per day for the last month. In New England, wholesale heating oil prices have risen almost two pennies per day. What’s going on?

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Oil Prices Oil Price Gasoline 85

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 If China’s use of petroleum continues to grow as projected, it is expected to replace the United States as the world’s largest net oil importer this fall. North America.

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North America 2012 America Europe 261

Green Car Congress

APRIL 13, 2023

Energy Information Administration (EIA) increased its forecast for the 2023 Brent crude oil price by 2.5% This change came after OPEC and its partner countries (OPEC+) announced crude oil production cuts for 2023. Despite OPEC+ announcing it would cut crude oil production by 1.2 from its previous forecast. gal and $3.70/gal

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Global Fuel Production South America 210

Green Car Reports

AUGUST 8, 2011

Just three months ago, the average gas price crossed 4$ a gallon. Now, oil prices have plummeted to their lowest level this year in response to the Standard & Poor's U.S. We'll continue to be whipsawed by changes in oil prices, reflected in the price per gallon we pay for gasoline.

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Oil Gas Price Oil Prices 133

Green Car Congress

JANUARY 11, 2023

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

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Emissions Oil Prices 2005 Coal 273

Green Car Congress

SEPTEMBER 18, 2015

The party is over for tight oil. Despite brash statements by US producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil prices as the world production surplus continues. strong>Figure 3.

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Oil Oil-Sands Oil Prices 2015 150

Green Car Congress

JANUARY 5, 2018

US regular retail gasoline prices averaged $2.41 Higher crude oil prices in 2017 contributed to higher gasoline prices. Source: US EIA, Gasoline and Diesel Fuel Update. In 3 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal

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San Francisco 2017 Gasoline 2016 150

Green Car Congress

AUGUST 7, 2015

Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Since May 20, Gulf Coast gasoline crack spreads have averaged 17 cents/gal higher than for distillate crack spreads.

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Gasoline 2014 Louisiana Oil 150

Green Car Congress

FEBRUARY 25, 2015

million Valicor corn-oil separation system (COSS) at its Nebraska Energy LLC plant in Aurora, Nebraska. Since corn oil has a higher market value, removing the oil improves dried distillers grain processing properties. Aventine Renewable Energy Inc. has installed a $2.4-million The system began operations in early January.

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Oil Nebraska Installation Oil Prices 150

Green Car Congress

JANUARY 15, 2014

Second, PHEVs with smaller battery packs are more likely to deliver emissions benefits and reduced gasoline consumption at lower lifetime cost compared to those with large battery packs in the short term. No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy.

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Emissions Oil Prices Vehicles Oil 236

Green Car Congress

APRIL 11, 2017

In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 of total gasoline consumption. million barrels per day (b/d) in 2016, will average 9.2

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Gasoline Gasoline-Electric Production Oil 150

Green Car Congress

JULY 8, 2021

US regular gasoline retail prices averaged $2.78 In June, monthly retail gasoline prices averaged $3.06/gal, EIA forecasts regular-grade gasoline prices to average $2.92/gal EIA forecasts regular-grade gasoline prices to average $2.92/gal EIA then expect inventories to rise by almost 0.5

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2019 Global Fuel Gasoline-Electric 243

Green Car Congress

JUNE 5, 2012

Resulting gases are passed over catalysts, causing reactions that separate oxygen from carbon molecules, making the carbon molecules high in energy content, similar to gasoline molecules. This break-even crude oil price compares favorably with the literature estimated prices of fuels from alternate biochemical and thermochemical routes.

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Oil Prices Tax Coal Hydrogen 236